EU - Aluminium Tubes, Pipes And Tube Or Pipe Fittings - Market Analysis, Forecast, Size, Trends and Insights
Aluminium Tube Market - European Exports of Aluminum Tubes and Fittings to Foreign Markets Accelerated
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Despite the growth in the past three years, EU aluminum tubes and fittings exports have yet to reach their pre-crisis levels. Increased deliveries outside of the EU make the largest contribution to export growth, while intra-EU trade has hovered around the same levels in recent years. The U.S., Turkey, and Japan are the key foreign markets. Moreover, shipments to Japan have multiplied over recent years.
Total exports of aluminum tubes and fittings by the EU Member States have accelerated over the last three years, amounting to 978 million EUR in 2015. Data on the EU trade with non-EU countries shows that the EU remains a net exporter of aluminum tubes and fittings.
Germany, Italy, Denmark, and the Netherlands were the main suppliers on the EU aluminium tube market in value terms, with a combined 58% share of total exports in 2015. From 2007 to 2015, the Netherlands (+4.7% per year) and Germany (+1.8% per year) were the fastest growing suppliers among the leaders. Moreover, these countries strengthened their positions in the European export structure, while the other leaders saw their shares reduced.
Aluminum tubes and fittings trade remains intensive within the European countries. Meanwhile, about 28% of the total exports were sent outside the EU in 2015. The extra-EU exports reached 270 million EUR that year, rising gradually over recent years.
EU aluminum tubes and fittings manufacturing expands supplies to foreign markets. The share of extra-EU exports in the total output amounted to about 30% in 2015. The U.S., Turkey, and Japan were the main foreign markets over the last years. The value of deliveries to these countries has traditionally accounted for over 30-40% of extra-EU exports. It is also worth noting that shipments to Japan have multiplied over the past 10 years, which allowed Japan to become one of the TOP 3 leading countries in terms of extra-EU exports of aluminum tubes and fittings.
Do you want to know more about the EU aluminium tube market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- aluminium tube market share
- aluminium tube prices
- aluminium tube industry
- aluminium tube sales
- aluminium tube market forecast
- aluminium tube price forecast
- key aluminium tube producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the aluminium tube market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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